Andra AP fonden Decreases Holdings in Vistra Corp. (NYSE:VST)

Andra AP fonden cut its holdings in shares of Vistra Corp. (NYSE:VST) by 16.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,100 shares of the company’s stock after selling 22,600 shares during the quarter. Andra AP fonden’s holdings in Vistra were worth $16,145,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Edgestream Partners L.P. purchased a new stake in shares of Vistra during the 4th quarter valued at $4,357,000. Callan Family Office LLC increased its position in shares of Vistra by 215.9% during the 4th quarter. Callan Family Office LLC now owns 33,776 shares of the company’s stock valued at $4,657,000 after purchasing an additional 23,084 shares during the last quarter. E Fund Management Co. Ltd. purchased a new stake in shares of Vistra during the 4th quarter valued at $756,000. Chung Wu Investment Group LLC purchased a new stake in shares of Vistra during the 4th quarter valued at $614,000. Finally, Lindbrook Capital LLC increased its position in shares of Vistra by 20.8% during the 4th quarter. Lindbrook Capital LLC now owns 1,710 shares of the company’s stock valued at $236,000 after purchasing an additional 294 shares during the last quarter. 90.88% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on VST shares. Daiwa America raised Vistra to a “hold” rating in a report on Wednesday. UBS Group lifted their price objective on Vistra from $161.00 to $174.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Morgan Stanley lifted their price objective on Vistra from $135.00 to $169.00 and gave the stock an “overweight” rating in a report on Friday, November 22nd. Daiwa Capital Markets started coverage on Vistra in a report on Wednesday. They issued a “neutral” rating and a $120.00 price objective for the company. Finally, Evercore ISI started coverage on Vistra in a report on Tuesday, January 21st. They issued an “outperform” rating and a $202.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $162.83.

Insider Activity

In other news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the completion of the sale, the director now owns 343,350 shares in the company, valued at approximately $47,990,029.50. This trade represents a 5.50 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.42% of the company’s stock.

Vistra Stock Down 0.4 %

Shares of NYSE VST opened at $113.96 on Friday. Vistra Corp. has a 52 week low of $57.50 and a 52 week high of $199.84. The business has a 50-day simple moving average of $158.53 and a two-hundred day simple moving average of $135.25. The company has a quick ratio of 0.99, a current ratio of 1.11 and a debt-to-equity ratio of 4.68. The company has a market cap of $38.77 billion, a P/E ratio of 21.26, a P/E/G ratio of 1.12 and a beta of 1.21.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 20th will be given a dividend of $0.2235 per share. This represents a $0.89 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Thursday, March 20th. This is an increase from Vistra’s previous quarterly dividend of $0.22. Vistra’s dividend payout ratio (DPR) is 12.62%.

Vistra Profile

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.